The Business of Commercial Accounts
Commercial accounts, by their very nature, require an additional level of expertise from credit union staff. Commercial accounts include corporations, Limited Liability Corporations, Partnerships, Sole Proprietorships, and accounts for unincorporated organizations. From the compliance standpoint, most traditional consumer protection regulations, such as Regulation J Truth in Savings and Regulation E, the Electronic Funds Transfer Act, […]
Three Things to Know About Trust Accounts
Some staff members may be slightly panicked when a member requests to open a “Trust Account.” However, understanding the basic function and terminology used within Trusts can enable even a novice credit union staff member to provide seamless member service. A “trust” is an estate planning tool. It is generally more complex than a primary […]
Accelerating Transformation & Automation in Lending with AI
Please join us for a webinar as Jaynel Christensen, VP of Lending for Commonwealth Credit Union, will share how Zest AI helped them achieve faster loan approvals for more members with no added risk. Curtis Wagner, Director of Client Services, Zest AI, will explain how AI can help credit union lenders get more loans […]
Credit Union Shines as 2021 CUNA State Level Awards Winner
The Tennessee Credit Union League recognized Tennessee Valley Federal Credit Union (TVFCU) for the 2021 Dora Maxwell Social Responsibility Award for its commitment to social responsibility and demonstration of the credit union’s mission of “people helping people.” The awards committee selected TVFCU from applicants from across Tennessee as part of the Credit Union National Association’s […]
New Director of Communications joins the Tennessee League
Monica Parks comes to us with over 15 years of experience in design, marketing, technology and communications. Her tenure has stretched across multiple industries including credit unions, healthcare non-profit, information technology and space. Monica joined TCUL in mid August having recently worked as Assistance Vice President of Information Technology & Corporate Communications at a community […]
United Southeast Federal Credit Union CEO Janice Jones Celebrates Retirement
After 51 years with United Southeast Federal Credit Union (USFCU), President/Chief Executive Officer Janice Jones retired on July 30, 2021. Jones has served in various positions throughout the credit union during her five-decade career, beginning as a clerk and moving to other areas, including operations and accounting. Before moving into her current role, she served […]
Memphis Chapter Meets for First Time Since Pandemic Start
Members of the Tennessee Credit Union League Memphis Chapter of Credit Union held their first meeting since the Pandemic. More than 190 staff, volunteers, and family members turned out for a Memphis Redbirds baseball game. Attendees enjoyed an opportunity to network with their colleagues on the outdoor patio and a BBQ meal.
The Benefits of Credit Union Shared Branching
Credit unions strive to be an integral part of the communities they serve, but many don’t have the franchise-like reach of big banks. How can you reach more customers without losing that small business, member-centric approach? Let’s talk about the benefits of shared branching. What is Shared Branching? Tennessee League Shared Branching is a national […]
Does Your Staff Know the Red Flags of Financial Exploitation?
Nearly five million older Americans are abused each year, creating an estimated $36.5 billion annual loss for victims. Financial exploitation occurs when one person misuses or takes the financial assets of a vulnerable adult for his or her benefit. This happens most often to adults who are elderly, disabled or both. Here are some of […]
Ascend Federal Credit Union Raises More Than $25,000 for American Red Cross
Ascend Federal Credit Union today announced that the company and its employees raised $25,550 in March to support the Tennessee Region of the American Red Cross. “Ascend is dedicated to supporting organizations that are making a difference in the communities we serve,” Ascend President and CEO Caren Gabriel said. “We strongly believe in the Red Cross’s […]